Consider the following condensed financial statements of Money Freedom, Inc. The company's large rate of retumis 30% Cick the icon to view the comparative balance sheet) Click the icon to view the income woment) Read the rest Requirement 1, Calate the company's ROI Round all of your answers to four decimal places en by cing the formula to write rotum on investment (ROI), and then endet ne anuntate code the company's ROI. Round your calculation to four places and write your file orasut hundredth of percent Operating income Average to ROU 5 300.000 500,000 Requirement 2. Calculate the cortay's profit marginate interpret your retus Besty lecting the formula o delo profit margin to, and then enter the amounts to calculate the company profit margine Enter your future hundredth of a percent XX Profit HWS Question 4, P24-21A (si... a table Money Freedom, Inc. Comparative Balance Sheet As of December 31, 2018 and 2017 2018 2017 59,000 24,800 3,200 213,000 112,000 Assets $ 71,000 $ Cash 56.200 Accounts Receivable 3,800 Supplies Property, Plant, and Equipment, not 308,000 Patents, not 149,000 Total Assets $ 588,000 $ Liabilities and Stockholders' Equity Accounts Payable $ 24,000 $ Short Nos Payable 143.000 Long-term Notes Payable 191.000 Common Stock, no Par 211.000 Relined Eaming 19.000 412,000 26.000 49,000 121.500 207.000 8,500 Print Done 18. DUI FB A & 5 6 n 7 8 C 9 CO HW Question 4, P24-21A (si... Part 2 of 11 > mpany's target rate of return is 30% Data table Money Freedom, Inc. Income Statement For the Year Ended December 31, 2018 Net Sales Revenue $ 3,000,000 Cost of Goods Sold 2,650,000 Gross Profit 350,000 Operating Expenses 50.000 Operating Income 300,000 Other Income and (Expenses): Interest Expense (29,000) Income Before Income Tax Expense 271,000 Income Tax Expense 94,850 Net Income $ 176,150 Print Done CAD UGD F5 ME F6 00 07 Dil FE A & 5 6 7 Requirement 1. Calculate the company's ROI. Round all of your ans Begin by selecting the formula to calculate return on investment (ROI X.XX%) + Operating income 300,000 Average total assets 500,000 $ Requirement 2. Calculate the company's profit margin ratio. Interpret y Begin by selecting the formula to calculate profit margin ratio, and then P 11 Average total assets Net sales revenue Operating income Target rate of return Total current liabilities Help me solve this Video Get more help